Economic liberalization has failed in the Arab world. Instead of ushering in economic dynamism and precipitating democratic reform, it has over the last three decades resulted in greater poverty, rising income inequality and sky-rocketing rates of youth unemployment. In How Capitalism Failed the Arab World, Richard Javad Heydarian shows how years of economic mismanagement, political autocracy and corruption have encouraged people to revolt, and how the initial optimism of the uprisings is now giving way to bitter power struggles, increasing uncertainty and continued economic stagnation.
A unique and provocative analysis of some of the key social and political events of the last decade.
Half way through this book and I'm struggling to carry on. The book discusses Arab culture, Islam (the religion of majority of the population in the Middle East) and capitalism. The topic is interesting and controversial, so the book should be a page turner right? Wish it was. This book is incredibly boring. The points he makes are pretty good but seem dull and 2 dimensional from the way he writes. You feel like you're just reading fact after fact. Kind of like a dictionary, it's just definition after definition. Would've given the book more stars if it was written better and had some more unique points. ... Finished it, still two stars.